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. there are new claims of a responsibility for a terrorist attack on the u.s. embassy in turkey. we know about the group and how they fit into the wider global terror network. >> the white house on defense over defense secretary nominee chuck hagel's explosive and contentious senate hearing. what are the chances that he'll get confirmed. >>> the dow closing above 14,000 for the very first time in years. will it continue? that's the big question. >>> but up first some brand new developments this out of alabama. that's where a 5-year-old boy remains hostage in an underground bunker. at this hour authorities sent a special message to the man holding him there, jimmy lee dykes. the standoff began five days ago when police say dykes kidnapped the boy from his school bus after shooting the driver. jonathan serrie is live at the scene in midland city, alabama. what's the latest? >> reporter: no resolution as the hostage standoff goes into a fifth afternoon. however, authorities say they are in constant communication with 65-year-old jimmy lee dykes communicating through the pvc pipe that provides ven
of revenge killings. carter evans has the breaking news. a major withdrawal of u.s. forces from afghanistan. we'll preview the president's announcement, which will come in tonight's state of the union. major garrett is at the white house. charlie d'agata in afghanistan. her parents will be with the first lady tonight. her alleged killers are in jail. dean reynolds on the shooting death of hadiya pendleton. and the taliban robbed afghanistan of its musical soul, but he is bringing it back. >> we can speak in a common language of humanity, which is the language of music. captioning sponsored by cbs this is the "cbs evening news" with scott pelley reporting tonight from washington. >> pelley: good evening. the most-wanted man in california, fired los angeles cop christopher dorner, appears to be surrounded tonight. he's holed up in a house in san bernardino county, east of l.a. dorner was discovered by fish and game officers a little after noon local time today. there have been gun battles and two officers have been wounded. their condition is unknown. this is the sound of one of those gun bat
north korea's nuclear weapons and bollistic missile programs constitute a threat to u.s. national security and to international peace and security. and he continued the u.s. remains vigilant in the face of north korean provocations and steadfast in our defense commitments to allies in the region. obviously ther obvious obviously, there is grave concern. the north koreans are saying they have a different type of weapon, more sophisticated, more powerful. what is happening right now is that the u.s. and international organizations are monitoring what they -- what they can from this test. they are sending the united states, sending planes aloft and what they do, they have sensors on them, and they try to sniff the air in a way and figure out exactly what kind of explosion that was. because there are a couple of different types of explosions, and depending on that, we could find out how much they can do of testing in the future and perhaps create a bomb. soledad. >> jill dougherty, thank you, jill. ahead, we'll talk to gordon chang, author of "nuclear showdown." we'll discuss that, st
there tonight. mr. obama intends to bring home 34,000 of them by this time next. year. most u.s. combat troops are due home by the end of 2014. charlie d'agata is at our afghan bureau in the capital, kabul and, charlie, i wonder, what is this going to mean to the troops on the ground? >> reporter: well, the key question, scott, is the time frame. any commanders here will tell you that they want as many boots on the ground for as long asg they can, certainly through the summer and the fall, when thethe fighting picks up against the taliban. and there's a lot of work to be done, especially along eastern afghanistan, where insurgents have been infiltrating from safeee havens in pakistan. they're holding territory there. they're launching attacks heretack in kabul. u.s. troops are also focused on the south around kandahar, the birthplace of the taliban. now, it's been announced that the afghans will be taking then lead in the spring. but what we've seen for ourselves is u.s. forces fighting right alongside them, providing the firepower, air support and medical evacuation. >> pelley: charlie d'ag
to go. >> any member of al qaeda, a u.s. citizen or not, needs to know they have the ability to surrender anytime, anywhere throughout the world, and they can do so before their organization is to strike. we will destroy that organization, and u.s. citizens can surrender anytime. >> just on that point, i do not take a back seat to anybody in terms of citing al qaeda. i asked you a different question, and on the question of what kind of evidence ought to be applied, whether there ought to be geographic limits, the question of whether an individual should be allowed to surrender. for example, there is a question of whether the obligation changes, a valid target has not been publicly reported, so there are issues here, and i think we are going to have to continue discussions, and, madam, i look forward to the extra round. >> senator coats. >> i think it may be better held for further discussion next week in the classified room, but this whole idea of leaks, nothing upsets me more in this committee, and we have had a lot of these in the last few years, to see something that was d
of a mess is italy. what does it mean for europe and the u.s.? a shift in u.s. energy policy. we were trying to lessen middle eastern imports but something just changed. we'll be back to tackle those topics when "power lunch" returns in 2:00. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. >>> major snowstorm slamming into the middle west this. video comes from kansas city. they were hit very hard there just a week or so after another storm walloped them. tens of thousands of people lost power in that area. in some parts of the middle west measuring sticks show three feet of snow has fallen. sue, in this digital age we still use measuring sticks. >> it's amazing, isn't it, ty? they have had a lot of snow. it's going to take a while to dig out of that. >>> meantime italian business leaders are in shock at the election results which could cause a political stalemate which in terms could affect much needed economi
just want to know she's okay. >> reporter: and two weeks ago, the u.s. embassy in lima, where the couple was last seen, issued a security warning for americans, saying that a criminal organization may be planning to kidnap u.s. citizens. >>> wall street bounces back a little today. [ stock bells ringing ] >> the markets were not able to wipe out monday's losses. the dow was up 16. s&p up 9. nasdaq up 13. >>> let's go to new york, where alexis christoforous has tonight's cbs money watch update. >> reporter: jp morgan chase is cutting 4,000 jobs or about 1 1/2% of its work force. that's on top of the 1200 jobs the bank shed last year. the cuts will mostly in from the consumer banking and mortgages division. jp morgan is just the latest to shrink its staff. goldman sachs and others all trimmed jobs in 2012. better than expected earnings in home depot and macy's, helped stocks bounce back from their biggest sell-off in months. the fed's low-interest policies are giving support to an economy suffering with high unemployment. bernanke also war
that by this time next year, 34 thousand u-s troops in afghanistan will have returned home. the president will make the announcement when he delivers his "state of the union" address before congress and a tv audience of millions. admininistration officials say the economy will also be a major focus of tonight's address. the president will talk about his plans to boost the economy increase jobs, and expand the middle class. several local parents of gun victims will be attending the president's speech. carolyn murray will be sitting in the gallery at the state of the union tonight. her son, justin, was shot and killed in evanston, in november. he was not the intended target, and no one has been arrested. murray says she hopes to make lawmakers more aware of what's happening in the country. my son is not coming back. she hopes there is time to talk to the president. illinois senator mark kirk released a video statement today. urging president obama and congress to take a serious look at legislation to protect americans from gun violence. lukens and democrats in a way that is practical legislation.
're seeing red arrows on the board. most notably the euro hitting a one-week low against the u.s. dollar. in asia, china up eighth straight session. nikkei highest level since september of 2008. disney set to open at record highs. strength in media networks. word that it's planning films based on "star wars" characters. >>> zynga, revenues continue to fall and the social gaming company said 2013 would be profitable. >>> company seeing momentum in america's improvement in europe and big margin gains for 2013 for ralph lauren. >>> the post office could be eliminating or cutting back deliveries on saturday. we'll explain. they carry the official announcement at 10:00 a.m. this morning. >>> we start with disney. shares rising pre-market, set to open at all-time highs at fiscal fourth quarter profits beat the markets. growing attendance at the theme parks. real news came during bob iger's interview with our own julia boorstin. >> in fact, we are working on a few stand-alone films. larry kazden and simon ginberg are working on films derived on "star wars" characters that are not part of the ov
, art, certainly we have a lot of deals going on. the biggest month for u.s. deals since june 2008. it's the gdps around the world putting a wrempbl into futures this morning. >> particularly in europe, shares of gdp reports knocked europe for a tailspin here. not too much valentine's day cheer showing up. so far beginning to look like the dow has given up rallying for lent. let's hope that doesn't continue. >> lent is a long time so let's hope not. in terms of the g-20, it's sort of a photo-op and that's it. is it much more important this time around as there's so many statements regarding currency manipulation being bandied about, having an impact on currency market and equity markets. >> you're absolutely correct. it went from g 7 comments to possibly right on the main table. g-20 meeting. the thrust is the end. how do we keep this orderly and prevent an outright currency war from breaking out. we've got a lot of american message fund players going along. half the world appears to be short the end believing this is going on. >> a longtime strategy to a certain extent, worries about
on all cylinders in the u.s. how long will the good times last? autonation's ceo talking to us exclusively about sales, the american consumer, as well as big plans for 2013. and the new app for the android world. the ceo tells us exclusively how it all translates into dollars and cents. countdown begins right now. >>> good afternoon everybody. i'm liz claman. welcome to countdown to the closing bell. it is the last hour of trading. there's a fair amount of red on the screen, but nothing horrific. check out the dow 30. most of the blue chips are down, but american express and coca-cola are defying the laws of gravity along with a couple other names including boeing. united technologies, and travelers. okay. the best levels still since the fall of 07. none of the major indices are anywhere near down a percent. that strength is helping the dow minimize its losses. taking a look at the s&p 500. it's down 4. we have the nasdaq down 12. but still for the s&p 7 points above the 1500 level. not bad. that gives it a little bit of breathing room. in terms of sectors, where's the weakness
hurt u.s. exports and jobs by making u.s. products more expensive in japan, our fourth largest trading partner. the yen is already down 15% or so in the last few months since japan talked up more aggressive steps to stimulate its economy. president obama and the new japanese minister met at the white house on friday. trade was on the agenda; however, no word from either side if they actually discussed corp sigh specifically, but as you recall, two weeks ago, the g20 group of world's largest economies including the u.s. and japan issued a communique on currencies that analysts viewed as an endorsement of japan's aggressive economic maps including a lower yen. for now, doesn't look like the u.s. or other nations move to devalue their concern currencies to respond, but the reliance of american manufacturing warns japan saying, quote, the practice of currency manipulation with a major trading partner such as japan is a subsidy for their products entering our market and a tax on our exports entering their country." >> not been a year there ceoer, and meyer sayings get in the office or get o
am. thanks, nicole. well, american airlines and u.s. airways are closer to a deal that would create the world's biggest airline, so, nicole, what's u.s. airways doing as a result of this? >> well, for the most part we're seeing the trance parsports and mergers and acquisitions happening. and it's obviously a big move here. >> quickly, charlie. >> one comment and a lot of reporting about the merger, we'll be talking about this. i think the pilots union has a bigger piece in this it's not a done deal, guys. >> cheryl knows airlines from the inside literally. thank you very much. now, it's time for your seven early movers, weak outlook from green mountain coffee roasted, better than expected profits at education company devry. and over 7%, internet services company akamai slowly reporting revenue growth, good news on big time up about 18% and surprise fourth quarter profit from insurance giant allstate. could we get a look at that, allstate is up about 2 1/4%. better than expected profit in real estate brokage. cbre trading up about 10% now and robot maker, cautious first quarter guida
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, back to you. >> thank you very much, simon hobbs. let's see how this is all going to impact the u.s. session here. we have the head of u.s. equity and quantitative strategy with bank of america, merrill lynch. nice to see you. >> nice to see you, too. thank you for having me on. >> we've been able to put europe on the back burner, but right now it might bring back bad memory for investors that this is exactly what derailed us a year ago. >> it's eerily similar. you know, i think, though, that the big surprise for the u.s. equity market is that we might not see a pullback. i feel like everyone's expecting one. and we might not actually see one. for a bunch of reasons. i mean, last year, i think one thing that was a little bit different was that sentiment was not as negative as it was at this point, where we are today. if you look at wall street strategists, equity allocation is still sub 50%. you've still got a lot of strategists with price targets below where the market is today. i feel like a lot of investors have regarded this rally that we've seen so far as, you know, too far, to
picture as we speak, a dedication ceremony is getting under way in the u.s. capitol. it's for a statue honoring the won who refused to give up her seat on a city bus in alabama circa 1955. the nation's first african-american president is due to speak in about 40 minutes and you're going to hear from him live right here on cnn and you can follow the ceremony start to finish on cnn.com. all the dignitaries filing into the capitaocapitol. by the werek it will be a houseful with congressional leaders who will join the president. this is a big deal too. while there are many statues in the capitol there are almost none that are a congressional effort so to speak. many private funds feature statues. this is something congress has done for one of the most important women in american history. >>> but we're going to start with multitudes staying good-bye to a pope. he gives up and resigns the leadership of the roman catholic church. this last hurrah of the benedict, it comes -- benedict xvi comes a day before he terns exclusion as, quote, pontiff emeritus and his cardinals will be scrambling to
conference in paris. >> is the u.s. willing to directly aid the fighters on the ground and is that enough to change assad's administration? >> he needs to know that he can't shoot his bayway out of this and so we need to convince him of that, and i think the opposition needs more help in order to be able to do that and we are working together to have a united position with respect to that. >> the secretary hinted the u.s. might start to distribute aid in rebel held parts of syria. secretary kerry expected to talk more about the syria question at an international conference tomorrow in rome. charlie and norah? >> clarissa ward thank you. >>> the supreme court today is hearing arguments over the landmark 1965 law, at issue, whether voting rights are secure enough now to allow the rollback of protections from the civil rights era. john crawford is at the supreme court. jan, this has far-reaching consequences. tell us about what's at issue here? >> reporter: the voting rights act is one of the most arguments now just under way in the supreme court in this really significant
away from those forced spending cuts that will cut across u.s. defense and domestic programs. you might think it's finally time for congress to get serious about doing something to avoid the potential pain out there. but guess what? you would be wrong. our chief congressional correspondent dana bash is up on capitol hill to explain what is going on. go ahead, dana. explain. >> reporter: we can now report that those $85 billion in forced spending cuts will kick in by the end of the day tomorrow. why? because congress is the only place that has the power to stop them and they are gone. lawmakers racing down the capitol steps, bolting out of town for a long weekend. this was before noon, a full day before the hammer comes down on forced budget cuts they voted for. is there a concern that you all are going to leave town while these cuts kick in and you won't even be here? >> well, speaker and the leadership will be here and i'm a quick flight away. i go home every weekend to see my family. >> reporter: you're on your way out? are you on your way home? >> yes, ma'am. >> reporter: so you're n
the academy award for best picture in the u.s. ladies her first gown was a hit but not so much in iran. >> this is interesting. the iranian news agency made a virtual alt rateration, raising neck line, before circulating the image. it was considered too revealing for those in iran. >> this is of course before announcing the best picture, mrs. obama wore the dress to a white house dinner for the nation's governors as far as we know did not complain about the gown. and it was "argo," seen by iran, being anti-iranian. >> it was gorgeous. >> yeah. it was lovely. all right. that will to do it for me. thanks for watching "around the world." carry on. >> i'll carry on. >> see you tomorrow. >>> spending cuts on the way, jobs on the line. the president speaking at a virginia shipyard in a few minutes. his latest effort to pressure congress over the forced spending cuts that will take effect in three days. $85 billion in cuts. but republicans say enough with the scare tactics. they say it's time to get serious about reducing the country's massive debt. >>> and air travel a mess for millions of f
last year and they will be paying out the vast majority of their u.s. free cash flow this year in the form of dividends to the common shareholders and buy backs. look, i think the preferred stock idea is is a really interesting idea. i haven't seen other companies use it, but this may be interesting for a lot of other companies sitting in a lot of ksh and preferred shareholders value dividend much higher than common shareholders, it kind of makes sense. >> why do you think, tavis, that apple sits on so much cash. it is a derivative of a very strong business but they can't be earning much money on that cash. they sit on it. they are not doing a lot of deals. >> look, the bigger issue is u.s. tax policy. 68% of that cash is sitting overseas and to bring that back and give it back to shareholders, requires them not only to pay a tax but also very likely requires tlem to restate their income tax rates in terms of gap accounting which lowers their earnings. so this is not an apple specific issue. it is across the tech industry broadly. and if somebody can can figure out how to unloc
in the conclave will be unprecedented with 11 from the u.s., second only to italy. there's growing interest in the possibility of an american successor, too. >> anything is possible. i think it's considered more likely than it has been in the past. there are no nominees, no primaries. it's just as likely that there would be someone who didn't appear on any of the lists at all. >> reporter: cardinals will be heading to rome in the coming days and will be there for pope benedict's final appearances. at washington's basilica, jennifer davis, fox news. >>> that mass is one of two special masses that will honor pope benedict. the first is today at 12:10 p.m. at saint matthew's cathedral. it honors the feast of the chair of st. peter, the first pope. then the one on sunday, the mass of thanksgiving for the current pope, is at about silica of the national shrine. >>> will the military's push to become more inclusive towards one group of people make it more discriminatory against another? >> and after the break, are you familiar with this little guy? he's getting more press and attention from the p
this 12-story building. the source of thousands of cyber attacks against 141 u.s. companies spanning 20 industries. whose building is it? according to a new report confirmed by u.s. intelligence, it's the headquarters of unit 61398. >> i think it was time to let the world know, it's actually not just from china, it's the chinese government sanctioning these attacks. >> reporter: among the targets, america's very infrastructure. >> now our enemies are sabotaging our power grid, our financial institutions, our air traffic control systems. >> reporter: other targets of chinese hackers familiar brand names like coca-cola, facebook, "the new york times," on "wash post" and "wall street journal." and only today, apple. the hackers have user names like ugly gorilla and dota. according to this instructional video from mandiant. >> here we see dota logging into one of his operational e-mail accounts. he's used it for spear phishing and generating additional accounts. >> reporter: what is it? how hackers campaign access into a network by sending deceptive e-mails tricking users into clicking on a
. ♪ stay in the groove with align. >>> the u.s. government is spending about $3.8 trillion this year but if there's no deal by friday night, agencies will have to cut a fraction of that, about $85 billion clarz. so our big question is that, why would that amount have an impact in the overall economy. tom foreman is analyzing that. have you figured it out, tom? >> when you look at the $3.8 trillion, all these different programs out here, if you've cut out this amount down here, 85 billion, how can can that little slice of all this make a difference? one of the reasons it makes a difference, one of the reasons is because washington is not really looking at the whole budget and they haven't for a long, long time because what you have to consider is that all of the entitlement programs are out of the equation and these programs are bigger than all of the other programs. we aren't really cutting a whole budget. we're talking about putting these cuts in part of the budget. if you look at what has happened to entitlements, look at just defense spending. here's defense spending which is way
secretary nominee jack lew heading to capitol hill. let's check on where we stand in terms of u.s. futures. it looks like we'll be building off of multi-year highs here in the u.s. the picture in europe, again, the sort of anti-race to the base movement going on. the euro is moving higher this morning. we see green arrows across the board. overnight in asia, japan's nikkei down by about a percent here. on heavy volume. the yen gaining there. our road map starts in washington, d.c. the president unveiling an ambitious agenda. he also called for billions to rebuild the nation's infrastructure. >> the dow is back above 14,000. only 1% away from an all-time interday high. the s&p also near its highest levels since november of 2007. what could help markets today? better than expected earnings from deere and gains by general electric and comcast. >> those big gains because of a big deal. comcast agreeing to buy general electric's stakes. in the mean time, let's send it down to carl in d.c. >> a big night here last night. the president addressing the nation in the first state of the union during
with the -- its relationship with the u.s. has left cuba in somewhat of a time warp. alan gross was hired to bring computers here. it landed him a 15-year sentence for undernining the -- undermining the cuban government. >> he has lost a lot of weight. his mind is still very with it. and he's still energetic. >> reporter: but that's about all the good news he could bring home. they met with cuban president raul castro. their message? >> on behalf of the american people and his wife judy, that we wanted to bring alan home. that he had been held unjustly for too long. >> reporter: but castro wants a swap. five spies captured in the u.s., for gross. the u.s. won't do it. >> the two situations are not comparable. both in terms of the reasons they're in jail or the circumstances of their cases. but that's been the response from the cuban government. >> reporter: van holland then revealed a new dynamic in the situation. a desperate one. >> in his own appeal, alan gross is asking be to be set free in time to visit his ailing mother. >> she's dying. and at
this document to be filed in the u.s. attorney in washington d.c. and it has to do with the allegation over misuse of campaign funds. the investigation also takes in his wife sandy in chicago who served as his campaign manager. >> lynn sweet, thank you very much. much more coming up. also, we'll hear from the president in chicago. i'm brooke baldwin. listen to jim acosta in for wolf in washington. hey, jim. >>> thanks, brooke. happening now, look up in the sky. a fireball and a shocking reminder that planet earth is spinning around in a very unpredictable neighborhood. back on dry land and already heading to court, we have details of the first lawsuit filed by a passenger who says the cruise line's negligence turned their vacation into a nightmare. >>> and the "blade runner" goes to court and cries uncontrollably. wolf blitzer is off today. i'm jim acosta. you're in the situation room. we are starting in chicago where right now president obama's about to take the stage to talk about two of the top priorities from his state of the union speech, jobs and guns. we expect him to connect the nee
on in the u.s., phil. is russia considering something like that? have you heard anything? >> reporter: russia is certainly very worried about asteroids that pose a threat to the planet. but much of the scientific opinion that has been expressed here and around the world over the last 24 hours or so is that meteors of the size that were seen here are not easily detected or prevented. scientists say they enter the atmosphere quite routinely. but usually it takes place over the ocean or less populated areas or whatever noise they create, it simply goes unnoticed. what makes this such a rare event is it took place over this very sizable city, susan. >> i can't imagine seeing that, the fear and panic they felt. phil black, thank you, appreciate it. >>> to the scene now, this didn't take long. a passenger stranded with thousands of others aboard the disabled carnival "triumph" is suing carnival for negligence, fraud, and emotional distress. calls the ship, quote, a floating hell and floating toilet. she says she was forced to walk through feces to get to long lines for food. carnival cannot comment
. he is being released on a $1 million bail. that is about $112,000 in u.s. dollars. >> the investigation continues into what caused the crane to collapse while working on the bay bridge. to get you more news faster we will go to mike pelton. >> if you take a look that some of the video that we shot just a that you concede that the crane is on its side. it was molding temporary support from the bridge when it tumbled over. the crane was sitting at a never fell into the water when it tumbled over. officials said that the bridge was not damaged that it just ripped off some paint. when is the status as a were shocked. >> i heard a huge crash. it was just a mass of amount coming down. >> it was not a natural thing, it was definitely an accident. i was hoping that no one was hurt. >> unfortunately, the crane did not damage or hurt anyone. once the investigation is wrapped up that will begin to take down the temporary supports and they stated that despite the crane collapsed and this will not push back the opening of the new bridge that is set for labor day weekend. >> two
ambassador to the u.s., michael oren, with the president's upcoming trip to israel. >>> after a very cold stretch, new england is warming up. we will watch the clouds and rain moving in. you don't need the haveneaviest all coats today but you need an uchl brel la. rain in new england southward to new england and baltimore areas and watching rain from buffalo to cleveland to pittsburgh and just about done in south atlanta and you will get rain in your morning rush hour and mobile and pensacola and panama city. the only snowy weather is to the north behind the storm, breaking out from green bay, oshkosh to chicago. and behind that, it is extremely cold this morning from minneapolis through north dakota. that's a minus 45 windchill in north dakota this morning. that is not fun by any's standards. the next significant storm will arrive on the west coast, as we arrive throughout the day today and move to the middle of the country, especially wednesday night and thursday, potential m major winter storm in kansas and illinois and missouri and iowa. we leave you with a nice sunrise shot there, be
in the history of the u.s. military. we're expecting to get a little more information on this story from police very soon. when that happens, we will, of course, bring you the very latest live. >>> meanwhile, to alabama for the latest on that hostage standoff in its sixth straight day. law enforcement officials say this man, jimmy lee dykes, shot and killed a school bus driver and is holding a 5-year-old boy named ethan in an underground bunker. little ethan has some mild autism as well. gabe gutierrez joins us from midland city, alabama. gabe, we know authorities have been talking to dykes through that pvc pipe of some sort. do we know whether he's asking for anything? >> reporter: craig, we've been following this story for days. police are very tightlipped about what their communication with dykes involves. we don't know if he's making any demeans, but yesterday we did hear from the sheriff and saw some signs of how sensitive these negotiations have become. the shefb thariff thavsnked the for taking care of our child. law enforcement authorities may believe that the suspect has access to tele
expected to testify at 10 on capitol hill. last week panetta said the u.s. didn't have enough time to respond. >>> federal employees got a nice pay raise but the military maybe not. sources say leon panetta will recommend to congress military salaries be limited to a 1% increase next year. the decision comes as the secretary steps up the rhetoric about dire cuts at the pentagon if sequestration goes into effect march 1. >>> the man accused of trying to blow up the federal reserve in new york expected to plead guilty to terror charges. officials say he tried to blow up the van with 1,000 pounds of explosives outside the buildings, but the explosives were fake. he is charged with trying to use weapons of mass destruction and trying to thwart al qaeda. >> there are thousands of reasons why people are late to work. traffic? the most common culprit. but not all employees blame jammed roads. a new survey reveals some of the most memorable excuses like -- good ideas for you. my car wouldn't start because the breathalyzer showed i was intoxicated. my car was attacked by a bear. here's the
of hacking attacks on u.s. military contract and businesses in up with of the lambest cyber espy spannage campaigns in american -- espionage campaigns in america. they trace this backbe to a chinese military base where it's emanating from. they find out the chinese is messing around with the electric power grid. said for years the chinese are the single most dangerous threat to the united states national security. much more than islam or anything i can think of. what we do, we continue to do business with them. america business goes there. they are a threat. we better pay attention to them. >> eric: i agree. the power friday is at risk. air traffic control is at risk. banking system is at risk. the chinese -- i hate this but the chinese prime minister pushed back. we have a quote from minister. i don't know how the finding of the report are credible. they traced it right back to them. >> dana: our college students are taken off for wickan and pafan holidays. >> bob: if you think about this, they have access to military secret from corporations that build the military equipment. if the chi
. and we have reported here, of course, on balloon accidents back here in the u.s., as well. in fact, last year alone, 15 of them. this one, just last month in san diego, the view from inside the basket as this balloon crash-lands. tonight, abc's cecilia vega with an air balloon pilot who investigated hundreds of crashes as an faa inspector. she watched the video with him today. >> reporter: have you ever seen anything like this? >> no, no. happens pretty fast and they're going to hit really hard. it would be like jumping off a ten-story building. looking at how much smoke you had and how fast it developed, it looked like a pretty intense fire. i would guess that the major injuries are occurring there before they even get to the ground. >> reporter: they have any chance? >> looking at the flames, i don't think so. >> reporter: from looking at this, can you -- do you have any sense of what caused this? >> if i were investigating this, that's the first thing i look at, the aircraft. to see if i can see fuel lines that are clearly not hooked up to the tanks, so you know that would be the culp
. and when he won his role in the u.s. senate, shortly thereafter the campaign for president and successful and said during the first term he spent much of the time campaigning. and now he's won a second term and now, the campaign apparatus just never shuts down, chris, that's what this operation really is. >> that's exactly right. and jim messina,ou showed there at the beginning, is in fact now going to take on other clients, in addition to the president of the united states, that share ideological or objective goals with the president, which means that now there's a back door for influence. there's all of these things that we can't trace and they're not limited, not regulated and we don't know anything about it. and if i can submit this becomes ultimately a crutch for a president who we know struggles to make deals, to find bipartisan accord. it allows him to keep the blinders on and stay out on the campaign trail and continue to allow washington to fall like a plinko chip, careens from one crisis to another, and campaign his way through it. >> megyn: but he comes out and says, jim messin
as a community organizer. he would become a state legislator and u.s. senator. the connection is great. he still has a home here. the 15-year-old hadiya pendleton was killed a mile from where his job is. the connection is very real for him. the gun violence rate is one of the highest in the country. the poverty rate in the south side of chicago where he will be speaking today, where he was once a community organizer, one of the highest in the country. we've been here a couple of days, talking to community organizers. they say the need has never been greater. so when the president comes here, politically the main thing is to give his message from the state of the union and put it on the ground where the people are and where the situations require it and, of course, south side of chicago is a place where urban violence is very much a foot. however, there's going to be the looming question, are you just giving your speech or are you going to make good on the promises here where you call home? a lot of people are so happy to see the president but they will be even more happy if these words turn into
government in massachusetts. nearly 30 years as a u.s. senator. the only committee that he served on from the day he became a senator, until its last day in the center of the foreign relations committee. he grew up with a father in the foreign service. it is a family calling. i will count it as a joy but as a bittersweet sadness that my service in the senate, i got to serve with him on the foreign relations committee for one week. [laughter] i am the junior senator on that committee. i sit far out on the wing on that committee. it was the first committee vote i cast was to confirm him as the new secretary. senator, you are coming to a place that believes deeply in the values that you share, as robert mentioned. president jefferson strongly believed in the connection of this wonderful exemplary nations to a world community. we have been a global leader. i always like to think about the global leadership that tries to balance military strength. secretary kerry knows the importance and limits of that spirit diplomatic strength, the strength of our economy, the strength of our moral example,
at the new york stock exchange. the day after we broke a lot of records for the u.s. markets, we're looking at an update for the dow. the s&p looking to give back just a little bit, along with the nasdaq. as for the picture over in europe, some comments from germans chancellor angela merkel about the euro saying between 130 and 140 for the u.s. dollar is normal. those are the comments being focused on this morning. a mixed bag in terms of europe and take a look at the picture in asia. the nikkei, the one to focus on, closing at a 4 1/2-year high in yesterday's session. >> fresh five-years for the s&p and dow, fresh 12 years for the nasdaq, helped in part by a renewed appetite for deal making. >> cracks in the housing picture this morning, january starts to decline 8 1/2%. toll brother earnings sharply miss earnings. >> could demand for the iphone be cooling? fox con pressuring shares this morning. >>> the rally continuing with the dow and s&p having their best day in two weeks. nasdaq closing at 12-year highs. dow less than 130 points from closing at an all-time high. guys, a lot of discuss
city, once a symbol of u.s. innovation, industry and success, is in such dire straits that the city is in need of an intervention. on tuesday afternoon, a panel of state-appointed experts released their findings that the city of detroit faces quote, a financial emergency, one which they say the city is not equipped to address. as a result, detroit may soon become the largest american municipality in history to file for bankruptcy. the decision may be left to just one person. if michigan governor rick snider decides to act on the panel's report and appoint an emergency financial manager, a decision expected to be made in the coming week. key findings of the six-person panel include that the detroit police department has more than 2,000 employees but no accurate information on how they are deployed. that the city's long-term liabilities in 2012 grew beyond $14 billion and that the city officials violated accounting and budgeting rules. detroit is on the verge of collapse but if you're thinking wait a minute, didn't we already save detroit, the confusion is understandable. because in t
happened to the u.s. senate you and i grew up with, where people actually respected each other? it doesn't have to be a club again, but what about mutual respect? this rat pack attack on people led by the so-called amigos, mccain and lindsey, it looks personal as hell. what did you think on that question? is this personal, this vendetta you're seeing today against chuck hagel? >> you know, i don't know if it's personal or not, but i think it is important for us to set a standard for the american people because we need to keep our comments civil. we need to be respectful because that then plays for the rest of the country. >> like you do, senator. thank you so much. jeanne shaheen of new hampshire. we have more reaction to the hearing now from peter beinart, editor of the daily beast. you're always interesting to watch. here is lindsey graham, one of the amigos you might say, not an amigo of hagel, also grilling the witness. listen to how he went after his past reference to, quote, the jewish lobby. let's watch. >> name one person in your opinion who is intimidated by the israeli lobby in
is another number. the u.s. economy will be hit with $85 billion in across-the-board cuts. how can americans not be thinking okay, what does this mean to me? the stakes are high. they're really high. president obama is going to focus on the economy in his state of the union address tomorrow night. he needs to. the fragile economic recovery pretty much hangs in the balance when you throw numbers like this around. congress imposed this budget sequester on the country, and now they have just been unable to deal with it. here is a taste of what will happen. here is where the conversation gets a little dicey. it means between 600,000 and maybe a little bit more than a million jobs could be lost, depending on how businesses react to this. we've had 35 months of private sector job growth. that's a good number, with no republican help. and i think that job growth is going to be in jeopardy, not to mention the impact these cuts are going to have on discretionary spending. sheer an example. here is a tornado ripping through mississippi this weekend. they might need some federal help. cuts to disaster
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